Raymond James lowered the firm’s price target on First Business Financial (FBIZ) to $59 from $62 and keeps an Outperform rating on the shares. Solid fundamentals persisted in Q1, with stable core net interest margin while steady loan growth was outpaced by strong core deposit growth, with few signs of slowing momentum, the analyst tells investors in a research note.
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Read More on FBIZ:
- First Business Financial price target lowered to $59 from $60 at Keefe Bruyette
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